Viasat Q3 2026 Earnings: Positive Cash Flow and Strategic Growth Plans

Deutsche Bank upgrades ViaSat to Buy with a new price target of $48. The upgrade is driven by two major satellites becoming operational in 2026 and the spinoff of its Defense and Advanced Technologies division. Viasat's financial health shows mixed signals with strong revenue but challenges in profitability and financial strength. The company's existing satellite communications segment faces challenges, but the Defense and Advanced Technologies sector is poised to achieve a higher valuation as a separate entity.